Tradeoffs. The TRUE price of your desire | Ep 128
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 29 May 2019
⏱️ 16 minutes
🧾️ Download transcript
Summary
People want what they don't have but don't want what they do have. Today, Alex (@AlexHormozi) explores the trade-offs that come with achieving success and the sacrifices that entrepreneurs need to make to pursue their goals. He emphasizes that success requires hard work and dedication and encourages listeners to consider whether they are willing to make the same trade-offs as those who have achieved success.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(1:10) - Exploring the trade-offs of entrepreneurship
(2:52) - Sacrifices for business growth & its value
(8:43) - Understanding the difference in returns on investment
(11:36) - The trade-offs of sacrificing for success
(13:11) - Understanding the trade-offs of growth and priorities
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Transcript
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| 0:00.0 | Real quick, you guys already know that I don't run any ads on this and I don't sell anything. |
| 0:04.6 | The only ask that I can ever have are you guys that you help me spread the words. |
| 0:07.8 | We can have more entrepreneurs, make more money, feed their families, |
| 0:10.9 | make better products, and have better experiences for their employees and customers. |
| 0:14.9 | The only way we do that is if you can rate and review and share this podcast. |
| 0:19.4 | The single thing that I have to do is leave review. |
| 0:21.9 | I'll take you 10 seconds or one type of the thumb. |
| 0:23.9 | It would mean the absolute world to me. |
| 0:25.2 | More importantly, it may change the world of someone else. |
| 0:28.2 | Hey, what's going on everyone? |
| 0:29.1 | Hope you guys have a nice evening and a Wednesday. |
| 0:31.7 | I wanted to make this video because there was very important things that kind of contributed |
| 0:35.2 | into the topic of this talk, which is I'm calling it trade-offs, the true price of your desire. |
| 0:43.4 | The first one was a Nissan Trotter when he flew out. |
| 0:46.5 | I've had a couple people actually made up. |
| 0:48.2 | We've got a lot of people fly out to our home for VIP days so people will wait |
| 0:52.0 | after they sell a certain amount of stuff. |
| 0:54.0 | We do top 10, top 7, etc. |
| 0:56.7 | And we say, fly them out. |
| 0:59.6 | Invariably, one of the things that comes back is they're like, I think it just became real to me |
| 1:05.6 | how like all in you are on this. |
| 1:08.4 | And so like, there's some things that aren't conveyed that I can only convey in person. |
... |
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